price action trading

[saakk]

Hi Friends yesterday i am having 15900 qty nifty 6300 put and i have not sold that
today i have checked and surprised that i have to pay 126000 Rs in the form of STT
i am not understanding what to...

Very Simple; PAY them my friend....

 

[saakk]

 

[saakk]

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[saakk]

FM sit and thinks, Hmmmmm... how can i show the country that economy is in good shape and prospering??? Oh let pump some money in the system through banks and lend it to people at the time of festivals, MAKE them spend on whatever things (whether they want it or not). Process is simple, gov. create money, lend it to bank, bank lend to people , people go spend it on all the stuff, in-turn sellers are happy that they made sale, they record high turnover, buy more good from company, pay more tax to government, company record more profit, pay more tax to government, government racks on more taxes and tell the people how the GDP of country is increasing as more an more tax is been paid by people and companies as more and more goods and services are produced. Pumping money into a system will take just a click of a button but to create services to that equal amount will take longer and in-turn it will create inflation. In the end money generated by gov. ends in big companies account (creator of services and product) and wit the gov. in forms of all the taxes etc. and people are left wit DEBT wit INTEREST wit the thing they might even didn't wanted on the first place.

 

[saakk]

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[saakk]

I change every day, every day i know i am better then yesterday and be more better tomorrow then today, be it TRADING, LIFE or WHATEVER... Initially to be good at any thing (even to be a good person) effort has to CONSCIOUS, deliberate practice even when things are not making any sense but after some time being good becomes your nature, it becomes automatic, same goes in trading; to understand the MARKET LANGUAGE you have to practice it deliberately, sit wit him, listen to him, do not interrupt, market is deaf he's not gona listen to you but he is not dumb, he will tell you every thing only if you are ready to listen and UNDERSTAND.

 

[saakk]

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[saakk]

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[saakk]

It took me almost 1 and 1/2 year to understand Al Brooks first book, First time i read it i thought this man is crazy, he is just pointing out the places from were market moved, which is very easy and any body can do in hindsight, matter of fact i pointed out some of the trades he took in his book as a example are wrong , The book preface took me almost a week to go through; without understanding most of the stuff. But i kept on reading it even when it was not making much sense, watched countless videos on PA, watched his webinars again and again, Read other materials on PA and most important i was johny on the spot when market started at 9 and be there till 5, even when not taking any trades i just sat there. Then suddenly things started making sense, all the attempts, legs, TL, EMA, context, bars, breaks.. most of the stuff. When day got over i ll figure out what kind of day it was up/down/side and read the chapter in his book. Today all i lack is more experience or screen time, i know what to look for in chart, as days turn into week, week into months and months into years things will get more organized. Point is not to GIVE UP, there is higher order in chaos.
Market pays you to be DISCIPLINED,
you pay market if you are............................

 

[saakk]

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